Tokyo shares open higher
Jun 10 2011 , Tokyo
The benchmark Nikkei index opened up 69.69 points at 9,536.84.
The Nikkei is likely to be supported Friday by an overnight rise in US stocks and a relatively weak yen, Kazuhiro Takahashi, general manager of investment strategy at Daiwa Securities , told Dow Jones Newswires.
US stocks recovered from a June swoon Thursday, lifted by an unexpected narrowing of the US trade deficit in April.
The Dow Jones Industrial Average rose 75.42 points (0.63 per cent) to end the day at 12,124.36, ending six straight sessions of losses since the month began.
Takahashi said the release of Chinese trade numbers later Friday and their effect on China-linked shares such as construction machinery maker Komatsu will be worth watching for signs of a Chinese economic slowdown.
The dollar fetched 80.32 yen in early Tokyo trade, unchanged from New York late Thursday but up from levels below 80.00 yen a day earlier.
The euro firmed to $1.4537 from $1.4509.
Toyota Motor shares rose 2.44 per cent to 3,350 yen in early trade ahead of its planned announcement of its earnings forecast later in the day.




















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